The Polish market for non-domestic equipment for cooking or heating food saw fluctuations from 2013 to 2023. Starting from a value of 32.546 million euros in 2013, it peaked and troughed, reaching 56.355 million euros by 2023. With an uneven journey, including declines in 2016, 2019, & notably 2020 amidst challenging conditions, it bounced back with strong growth from 2021 onwards. In particular, a notable recovery was seen with a year-on-year growth of 21.66% in 2022, slowing slightly to 8.28% in 2023. The overall compound annual growth rate (CAGR) from 2019 to 2023 was 2.59%.
Looking forward, factors such as technological advancements, evolving consumer preferences, and increased investments in the hospitality sector are essential trends to watch. Additionally, sustainability and energy efficiency are expected to become more significant, potentially influencing future market growth directions and consumer purchasing decisions.
# | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United Kingdom | 429,700,000 | 2023 | +1.5% | +0.9% | View data |
2 | 2 France | 339,080,000 | 2023 | +0.29% | +0.61% | View data |
3 | 3 Germany | 322,890,000 | 2023 | +1.59% | -0.26% | View data |
4 | 4 Poland | 56,355,000 | 2023 | +8.28% | +2.59% | |
5 | 5 Czech Republic | 38,788,000 | 2023 | +3.55% | +1.93% | View data |
6 | 6 Finland | 28,233,000 | 2023 | -1.82% | +0.33% | View data |